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1. Assume Delph uses departmental predetermined overhead rates based on machine hours. b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200.
1. Assume Delph uses departmental predetermined overhead rates based on machine hours.
b. Compute the total manufacturing cost assigned to Job D-70 and Job C-200.
c. If Delph establishes bid prices that are 150% of total manufacturing cost, what bid prices would it have established for Job D-70 and Job C-200?
d. What is Delphs cost of goods sold for the year?
Delph Company uses a job-order costing system and has two manufacturing departments-Molding and Fabrication. The company provided the following estimates at the beginning of the year: During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs-Job D-70 and Job C-200. It provided the following information related to those two jobsStep by Step Solution
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